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The Latest Breaking News from Ned Segal

Former Twitter executives sue Elon Musk for USD128 million in severance payments

Former top Twitter executives, including Parag Agrawal, have sued Elon Musk, claiming the Tesla CEO had withheld USD128 million in severance payments after the billionaire took over the social media company in 2022 and dismissed them, according to The New York Times. Read further on Dynamite News:

Dynamite News

Ex-Twitter executives sue Elon Musk for $128m in severance pay

Ex-CEO Parag Agrawal and other top executives accuse Musk of believing ‘rules don’t apply to him’.

Al Jazeera

Ex-Twitter Execs Sue Musk For Unpaid Severance

Former top executives of Twitter sued Elon Musk on Monday saying he has failed to pay them nearly $130 million after the billionaire took over the social media company and dismissed them.

International Business Times

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Elon Musk doubted ex-Twitter CEO Parag Agrawal because he was too nice

While Musk felt Twitter's former CEO was a 'nice guy,' he wants managers to be unconcerned about being liked, according to a new biography.

Fortune

X Corp rebrand send Ex Twitter execs back to court

A trio of former Twitter executives must refile their lawsuit against the company because CEO Elon Musk renamed the firm to "X Corp."

Fortune

Twitter’s ex-CEO sues company after legal turmoil

Parag Agrawal and other executives allege they have spent more than $1m out of pocket on fees

The Guardian - US

'Elon Musk fired me over email - he's turning Twitter into a real-life Squid Game'

Mr Ihara worked for Twitter for ten years and was excited when the social media platform was snapped up by Elon Musk - but then he was fired without warning

Daily Mirror

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Elon Musk running Twitter? It’s like giving a monkey a delicate clock

The tech magnate’s purchase of the social media platform was the easy bit – now he must be responsible for toxic content, writes technology professor John Naughton

The Guardian - UK

Musk plans to form ‘content moderation council’ for Twitter

The Tesla CEO said that no major decisions or account reinstatement will take place before the council convenes.

Al Jazeera

Musk Seeks to Soothe Critics with Twitter Content Panel

Twitter formally became the private property of Elon Musk on Friday, steering the social media giant down an uncertain path under the stewardship of one of its most vocal critics. Scrutiny quickly turned to how the platform will operate under a self-proclaimed free-speech absolutist who some users fear will turn…

Asharq Al-Awsat

Elon Musk Takes over Twitter but Where Will He Go from Here?

Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty. The question now is what the billionaire Tesla CEO will actually do with the social media platform. The $44 billion takeover means Twitter is becoming a private company that everyday investors will no longer…

Asharq Al-Awsat

Twitter bosses entitled to $120m in ‘golden parachute’ payouts

Compensation for fired executives adds to already hefty bill for Elon Musk’s debt-funded takeover

The Guardian - UK

Elon Musk completes Twitter takeover amid hate speech concerns

Shares delisted and top execs reportedly fired as world’s richest man closes deal to buy social media platform

The Guardian - US

Saudis ‘second largest investors’ in Twitter after Musk takeover

KHC and the private office of Prince Alwaleed bin Talal are jointly the second largest investors after Elon Musk.

Al Jazeera

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news in one place.

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Daily Mirror

Sweeping Twitter changes may be coming - tweet editing, no banned accounts and payments

Elon Musk has completed the purchase of Twitter and seems to have grand plans - including the creation of a 'super app', employees being fired and the returns of Donald Trump and Kanye West

The Guardian - UK

First Thing: Elon Musk reportedly plans to become Twitter’s interim CEO

Musk ‘fires top executives’; $44bn deal will give world’s richest person control of platform with 230m users. Plus, world close to ‘irreversible’ climate breakdown

Evening Standard

Billionaire Elon Musk completes Twitter takeover - and fires top execs

Elon Musk is now in charge of Twitter and has ousted its top three executives.Sources on Thursday night (early Friday morning UK) would not say if all the paperwork for the deal, originally valued at 44 billion dollars (£38 billion), had been signed or if it had been closed. However…

Dynamite News

Elon Musk Takes Over Twitter, Fires Company CEO Parag Agrawal

"The bird is freed," Musk said in a tweet after taking shoppingmode control of the social media platform. Read on for details:

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Pedestrian.tv

Elon Musk’s Twitter Takeover Is Underway Unsurprisingly All Hell Has Broken Loose

Nazi tweets are already popping up on the platform.

Daily Mirror

Elon Musk completes purchase of Twitter - and immediately sacks executives

Twitter executives have reportedly been fired and escorted out of the company's headquarters after Elon Musk completed his £37.9 billion purchase of the website

Dynamite News

Twitter Deal: Proceeding of deal is not on hold, says Twitter to employees

Twitter executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk is moving forward as planned, as per a report in international media. Read further on Dynamite News:

The Guardian - UK

The Twitter shareholders set to make millions from Elon Musk’s takeover

Analysis: From founder Jack Dorsey to dotcom pioneer Martha Lane Fox … the big players in line for big payouts

Benzinga

Stock Wars: Twitter Vs. Meta Platforms

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

Conservatives Urge Elon Musk To End Twitter's Ban On Donald Trump

While Elon Musk may be wondering aloud whether Twitter (NYSE: TWTR) needs to provide its users with an edit button, the new owner of a 9.2% st

Benzinga

See Why Twitter Stock Shines; Key Takeaways From Q4 Results

Twitter Inc (NYSE:TWTR) reported fourth-quarter FY21 revenue growth of 23% year-on-year to $1.57 billion below the consensus of $1.58 billion. Advertising revenue totaled $1.41 billion, up 24% Y/Y, Total ad engagements decreased 12% Y/Y. Cost per engagement (CPE) increased 39% Y/Y. The average mDAU was 217 million, compared to 192 million in Q4…

People

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